▲ 2 r/JapanFinance
How to cleanly move in terms of tax
I have asked some questions here before but have a different set that I genuinely can’t figure out myself and need some help. Hopefully someone knows.
I am moving to Japan soon on a working visa and want to know how to cleanly handle the transition in terms of tax and liabilities. I have a decent share portfolio overseas that will generate some dividends that I can’t easily avoid so please keep it in mind.
With that in mind I have a few questions:
- Is it possible to remit money before I arrive to avoid the international tax?
- Should I convert my savings before arriving as to reduce complications with foreign currency taxes and associated gains?
- Is it difficult to handle if I do need to pull money from my savings in a foreign currency?
u/_TuringMachine — 3 days ago